Human Factors and Usability Engineering Services Market Size to Hit USD 1.97 Billion by 2035 | Roots Analysis

Human Factors and Usability Engineering Services Market Overview

The global human factors and usability engineering services market size is estimated to be USD 1.01 billion in 2025 and is expected to reach over USD 1.97 billion by 2035, growing at a CAGR of 6.8% according to a new report by Roots Analysis.

Over the years, there has been a substantial rise in the interest of MedTech companies towards R&D initiatives in the development of novel medical devices. Notably, there has been a remarkable shift towards creating advanced, user-friendly devices (especially, care devices, self-administered devices). This has substantiated the requirement of early applying human factors and usability engineering in the medical device development process, in order to develop safe devices. Further, the increase in number of medical device recalls, integration of advanced technologies and robust regulatory framework have led to a surge in the implementation of human factors and usability engineering during medical device development.

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Key Report Takeaways

1. Presently, more than 210 companies are engaged in human factors and usability engineering services for diverse range of medical devices, globally.
2. Over 95% of the service providers offer services for product design and product development; of these, majority of service providers support the usability testing of diagnostic devices.
3. Driven by the rising demand for design-centric medical devices, service providers are making extensive efforts to expand their existing capabilities to augment their respective human factors and usability engineering service portfolios.
4. The growing interest of players engaged in this domain is evident from the rise in number of mergers and acquisitions that have taken place in the recent past; notably, the maximum number of agreements were inked in past three years.
5. Over the next decade, the human factors and usability engineering services market is likely to grow at a CAGR of 6.9% during the forecast period.

Competitive Landscape of Human Factors and Usability Engineering Services Market
The human factors and usability engineering services market landscape features the presence of over 210 companies engaged in the human factors and usability engineering services. Overall, the market landscape of human factors and usability engineering services is well-fragmented, featuring the presence of both start-ups and well-established companies. It is interesting to note that maximum number of players (35%) in this domain were established between 2011 and 2020, demonstrating extensive experience and expertise in this domain. Further, the domain is characterized by the presence of small companies, and mid-sized companies, which capture close to 90% of the overall market. Notably, majority of the companies are currently offering design and development related services, followed by services for concept phase and verification and validation.

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Human Factors and Usability Engineering Services Market Regional Outlook

Based on the geographical regions, the human factors and usability engineering services market can be segmented into five major regions, North America, Europe, Asia Pacific, Middle East and North Africa, and Latin America. Led by the US, North America is anticipated to capture the majority share of the human factors and usability engineering services market in 2024 and this trend is likely to remain unchanged in the forecasted timeframe. The market in Asia Pacific is expected to grow at a higher CAGR, owing to the region's increasing geriatric population driving the demand for user-friendly devices that address age related health concerns, along with the rising investments for R&D enabling manufacturers to develop innovative products

Human Factors and Usability Engineering Services Market Key Players
Examples of key companies engaged in human factors and usability engineering services market (which have also been profiled in this market report; the complete list of companies is available in the full report) include:

1. Aptar Digital Health
2. AYES
3. Bayoomed
4. Bold Insight
5. ClariMed
6. Comate
7. D+I
8. Greenlight Guru
9. Hydrix
10. Invetech
11. Johari Digital

It is interesting to note that in May 2021, ProPharma merged with The Planet Group in order to support clients throughout the product lifecycle (including preclinical and CMC development, clinical trials, regulatory approval, product launch, and commercialization). Such types of agreements are expected to drive the growth of the human factors and usability engineering services market during the forecast period.

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Human Factors and Usability Engineering Services Market Segments

Based on the research, Roots Analysis has segmented the Human Factors and Usability Engineering Services Market into Steps Involved, Type of Research Method, Class of Medical Device Tested and Geographical Regions.

Human Factors and Usability Engineering Services Market, by Steps Involved
1. Summative Study
2. Contextual Analysis
3. Formative Study
4. Known Use Error Analysis
5. Use Risk Analysis
6. Submission Preparation
7. Design Process
8. Task Analysis

Human Factors and Usability Engineering Services Market, by Type of Research Method
1. Evaluation Research
2. Generative Research

Human Factors and Usability Engineering Services Market, by Class of Medical Device Tested
1. Class I Medical Devices
2. Class II Medical Devices
3. Class III Medical Devices

Human Factors and Usability Engineering Services Market, by Geographical Regions
1. North America
2. Europe
3. Asia Pacific
4. Middle East and North Africa
5. Latin America

Contact Details
Gaurav Chaudhary
Email: Gaurav.chaudhary@rootsanalysis.com or sales@rootsanalysis.com
Website: https://www.rootsanalysis.com

About Roots Analysis
Roots Analysis is a global leader in the pharma / biotech market research. Having worked with over 750 clients worldwide, including Fortune 500 companies, start-ups, academia, venture capitalists and strategic investors for more than a decade, we offer a highly analytical / data-driven perspective to a network of over 450,000 senior industry stakeholders looking for credible market insights. All reports provided by us are structured in a way that enables the reader to develop a thorough perspective on the given subject. Apart from writing reports on identified areas, we provide bespoke research / consulting services dedicated to serve our clients in the best possible way.

This release was published on openPR.